Funding you earn now, next payment 05:00 UTC+0.0200%/8h= +21.9% APRpaid last 24h +0.049%
Price spread now: Bullet against Gate+0.134%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Bullet is 0.134% dearer against Gate than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NAS100_USDT | 30,508.3 | −0.0200 | get 0.0200% / 8h | 3h 42m | $1.9M | $3.7M | 100x |
| Short | Bullet US100-USD | 30,549 | 0 | get 0.0000% / 1h | 42m 56s | $2K | $90K | 10x |
Gate NAS100_USDT
Bullet US100-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $42
- Price spread: +0.134% → 0.000%
- $13.36
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- $32.36
- Costs to cover
- 0.230%
- Break-even
- 1.6 days
Slippage unknown: Gate: live order book, 5 min ago; Bullet: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 5 min ago | 3.13 bp | 31.1 bp −$31 | 119.4 bp −$1,194 | doesn't fit | doesn't fit |
| Sell Bullet no order-book sample | — | — | — | — | — |
Bullet: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
NAS100 on 15 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_NAS100_USDC | −0.0213% | 8h | 30,538.3 | +0.098% | $102K | $38K | 20x | as long as short |
| Gate NAS100_USDTlong | −0.0200% | 8h | 30,508.3 | long leg | $1.9M | $3.7M | 100x | |
| MEXC NAS100_USDT | −0.0067% | 8h | 30,550 | +0.137% | $25.6M | $19.7M | 200x | as long as short |
| OKX US100-USDT-SWAP | 0.0000% | 8h | 30,512 | +0.012% | $263K | $374K | 20x | as long as short |
| Bitget NDX100USDT | 0.0000% | 8h | 30,562 | +0.176% | $3.5M | $633K | 50x | as long as short |
| Bullet US100-USDshort | 0.0000% | 1h | 30,549 | +0.134% | $2K | $90K | 10x | |
| Phemex NAS100USDT | 0.0000% | 4h | 30,501 | −0.024% | $1.4M | $182K | 10x | as long as short |
| QFEX US100-USD | +0.0002% | 1h | 30,549 | +0.134% | $1.3M | $1.5M | 30x | as long as short |
| Lighter US100 | +0.0032% | 1h | 30,545 | +0.120% | $3.9M | $96.9M | 30x | as long as short |
| Extended TECH100m-USD | +0.0032% | 1h | 30,550.5 | +0.139% | $2.0M | $5.8M | 20x | as long as short |
Orderly PERP_NAS100_USDC
MEXC NAS100_USDT
OKX US100-USDT-SWAP
Bitget NDX100USDT
Phemex NAS100USDT
QFEX US100-USD
Lighter US100
Extended TECH100m-USDShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest NDX-USD-PERP | +0.0046% | 1h | 30,842 | +1.094% | — | $202.5M | 50x | as long as short |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,544.9 | +0.120% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,550 | +0.137% | $7.2M | $1.9M | 50x | as long as short |
| Ondo Perps US100-USD.P | +0.0114% | 1h | 30,567.7 | +0.195% | $6.0M | $8.4M | 25x | as long as short |
| Kraken Futures PF_US100USD | +0.2680% | 1h | 30,571.1 | +0.206% | $137K | $136K | 20x | as long as short |
Vest NDX-USD-PERP
Paradex US100-USD-PERP
Polymarket Perps NAS100-USD
Ondo Perps US100-USD.P
Kraken Futures PF_US100USD